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. the economist is out with a report on our economy's saying that our economy is in better shape than you think. we're back with that in a moment. first, i want to give a shout out to my grandmother mabel. she convinced her nursing home to switch cable providers just to see the cycle every day. go, mabel! [ jackie ] it's just so frustrating... ♪ the middle of this special moment and i need to run off to the bathroom. ♪ i'm fed up with always having to put my bladder's needs ahead of my daughter. ♪ so today, i'm finally talking to my doctor about overactive bladder symptoms. [ female announcer ] know that gotta go feeling? ask your doctor about prescription toviaz. one toviaz pill a day significantly reduces sudden urges and accidents, for 24 hours. if you have certain stomach problems or glaucoma, or can not empty your bladder, you should not take toviaz. get emergency medical help right away if your face, lips, throat or tongue swells. toviaz can cause blurred vision, dizziness, drowsiness and decreased sweating. do not drive, operate machinery or do unsafe tasks until you know how tovia
in washington. is something going to get done this year, and would a balanced budget hurt the economy? joining me for debate, the republican wlip in the house, kevin mccarthy, and the top democrat on the budget committee, congressman chris van hollen. >> we'll talk about the future of the republican party, and >> we'll talk about the future of the republican party, and republican governor scott walker for those nights when it's more than a bad dream, be ready. for the times you need to double-check the temperature on the thermometer, be ready. for high fever, nothing works faster or lasts longer. be ready with children's motrin. like a squirrel stashes nuts, you may be muddling through allergies. try zyrtec® liquid gels. nothing starts working faster than zyrtec® at relieving your allergy symptoms for 24 hours. zyrtec®. love the air. >>> on tuesday, the day a new pope was installed in rome, president obama makes a sensitive trip to the holy land for his first presidential trip to israel. the trip isn't ambitious. mostly the president seems to be responding to critics who question why he's n
agenda. he got health care passed and fixed the economy. he has the economy on the right track. the gun issue was not a big deal with him in the beginning. gale marriage was not a big issue, but they have become centerpieces, that's the period he's in at this point. republicans are cooperating to the degree that they appeared to be disorganized enough that he appears to be right on track. >> you know, on that point, in terms of the economy, victoria, the president talking about the budget last week, he said something that the gop just jumped all over. the president said, and i'm quoting him, we don't have an immediate crisis in terms of debt, and the republicans and the right wing went bananas. but then mr. boehner and ryan, of course, agree with him. watch this. >> we do not have an immediate debt crisis, but we all know that we have one looming. >> we do not have a debt crisis right now, but we see it coming. we know it's irrefeetably happeningivities they say the president shouldn't have said it, now you have boehner and ryan saying it, about you if both say we don't have an immediat
and the austerity he is putting in place has caused the economy to be really slow. >> a lot of tax increases over there in europe. we look at this austerity bit. i want to talk about this for a second. >> i want to get back to the budget then. >> talk about what is happening in washington. you know, economics discussed on tv or on the internet or on twitter, it's so depressing, because people really don't know what they are talking about and they just sort of boil it down and there is this belief through the years, that tax cuts are not a tool used. of course, tax cuts are a tool used and tax increases something that traditional are against in bad times. we hear about austerity across great britain and we never hear about the tax increases. when you talk about the fact they cut and slash spending at the same time they hike taxes, it really was a formula made to fail. >> spending cuts and tax increases both take money out of the economy and slow the economy and, yes, they create this idea of austerity. but, look. it's a balancing problem. on the one hand you need to deal with it budgets and defici
might go a little higher. that has an inflationary effect on the economy. so you may be talking away the money you just gave that employee through the increase. raise prices throughout the economy. >> i have to say, you've now switched your argument from what it was going to do to your business to what it's going to do to the economy. >> very sharp, senator warren. whether a minimum wage increase and why. we've heard all this madness on the other side, especially small business people. we won't be able to pay insurance and the like. is that a real reasonable and persuasive argument? >> no and in fact, we have a real world experiment that tells us about this. in new jersey a few years ago, they raised the minimum wage. they did it in pennsylvania. there was an examination of fast food and it turned out that in new jersey, hiring went up and in pennsylvania, hiring went down. but let me turn this upside down. why aren't we talking about the fact that the total stock market is worth less today than in 2000 and yet, the ceos are getting more and more money. if we just turned this argumen
until you topple the entire economy. >> there budget is built on a hoax. on the one handled they say it balances in ten years. on the other hand they say they repeal obama care. but they keep the savings in obama care. if you would repeal obama care today, their budget would not be in balance. >> you saw him there, the democratic congressman, the top democrat on the committee. good to see you. >> good to be with you. >> in the past hour, you announced what you're calling a house democratic budget alternative. first of all, what is it and how is it different from the previous plan offered by the senate? >> well, it is similar to the senate plan. in other words, we also focus on job creation and accelerating the economy right now. then we address the long term budget deficit in a balanced way where we ask for shared responsibility as opposed to the republican plan which provides another tax break wind fall to very wealthy people at the end of everybody else. the expense of the middle class, the expense of commitments to seniors. so our focus right now is to number one, do no harm to th
if constant budget deficits are going to ruin the economy they're taking an awful long time about doing so. the real fact about the budget is that the deficit has to be sustainable. but basically the government is a lot more like a company than it is like a household. and a company has debt as part of its permanent capital structure and it can have that debt forever. if the company keeps grog, it can take on more debt. similarly if we run a budget deficit, so long as it is small enough relative to the amount of economy is growing over the long-term that can be sustainable. we have to shrink the budget deficit over time, but not all the way to zero. the democrats are closer to correct on this point where the republicans have been attacking them because their budget doesn't balance over ten years. the budget shouldn't balance over ten years. >> i think you hit a key point. it's all about growth. you can grow your way out of deficits. we saw it during the clinton administration. it's also about looking at how far we've come. if you actually look at what we've already done in terms of getting
. by in large, of those 11 million, they're contributors to our economy. if we get it right and finally fix our broken system, we're going to have 11 million people contributing to our economy and it will be the biggest boone we could ever imagine to this economy. >> speaking of that, the economy and this economic impact, as you know, it's obviously a huge issue, and according to the center -- a study by the center of american progress, passing comprehensive immigration reform this year would create 200,000 jobs a year for the next ten years. it would add $1.4 trillion to our gdp, and it would add almost $800 billion in personal income. so the american people are going to pay a pretty heavy price if we don't get immigration reform passed this year and there's certainly an economic argument to be made. do you think that your colleagues on capitol hill, particularly those who are still resistant, understand how high the stakes are? >> i'm glad that these studies are being done. i think these studies are actually telling the truth. at the same time, unfortunately, i think the people afraid to vote
, israelis have put this country at the forefront of the global economy. israelis understand the value of education and have produced ten nobel laureates. israelis understand the power of invention, and your universities educate engineers and inventors. that spirit has led to economic growth and human progress. solar power and electric cars, bandages and prosthetic limbs that save lives, stem cell research and new drugs that treat disease, cell phones and computer technology that change the way people around the world live. so if people want to see the future of the world economy, they should look at tel aviv, home to hundreds of start-ups and research centers. israelis are so active on social media that every day seem to bring a different facebook campaign about where i should give this speech. that innovation is just as important to the relationship between the united states and israel as our security cooperation. our first free trade agreement in the world was reached with israel nearly three decades ago. today the trade between our two countries is at $40 billion every year. more i
. if the economy hobbles along and don't get me wrong, the markets are roaring, we've had a few days where it has slowed just a bit. but the average american, the pedestrian middle class family how well are they doing? how confident are they? and if the economy slows for them, the prospects for immigration reform, i don't believe are nearly as high, if you don't get what mark has been saying now for over two weeks. the sequencing done right on this cut spending cuts and tax reform. things sound great and they're moving along now. but joe, as we talked about earlier, you're going to have reticent democrats. and even key congressional races who are going to slow down a bit and saying, look, i want immigration and guns dealt with, what are we doing about the economy and the budget, the debt, and tax reform? >> and this is, richard haas, you can only push people so far, i mean, not the republicans' best friend. this weekend said democrats you're about to lose me. i pay 40% federal, 15%. well, i hear we have it cued up. let's go. this is bill maher this weekend. >> -- actually do pay the freight in th
long has been considered generous because new york's economy and demographic contours different from those the rest of the country. there is a country growing more diverse and independent as income and inequality sigh rockets, more americans find themselves working low wage service jobs, looking more and more like new york. many of the political problems we are grappling with, immigration, minimum wage, what the repost-recession economy should look like, policy, policing, are issues at the center of new york's mayoral race. my great pleasure to have with me four of the democratic candidates for mayor of the new york city, bill de blasio. sal albanese, former city councilman. bill thompson, former new york comptroller and nominee for mayor in 2009. john liu, current city comptroller. we reached out to christine quinn who is also running but could not join us today. gentlemen, thank you very much for being here. >> thank you. >> this trial, i think, is -- really explosive. and i thinks that really changed the contours the politics on this issue. i'm curious what your feeling is about w
the week. the president has been battling republicans over a way forward for the nation's economy. has the president, do you think, lost any leverage following the sequester? which some commentators are suggesting has not been anywhere near as bad as the president, himself, warned it would be? >> well, i think that the steps that he took in 2009 and 2010 and beyond have been great steps, and the american, in terms of bringing the country back, and the american economy is a resilient economy. but it was never the case that the sequester was going to on day one drag the economy down. and, you know, the concern is over the next six months and over the long term. one projection of one of the, i think macroeconomics said they expect to see 700,000 jobs lost as part of the sequester. that's going to be over time. so the wise thing to do would be to find a sensible replacement for the sequester in the coming months. and i think that's what his efforts are going to be placed. and hopefully he'll find partners on both sides of the aisle to do that in the coming months. but let's be honest about
to work sick costs the economy $180 billion each year in lost productivity. >>> and it's gross. >> in the guest spot, thanks so much for being with us. >> my pleasure. thank you. >> so some of the research that i've seen from cornell university actually shows that moms are penalized more than dads when they do take sick days to take care of their kids or they have to take off work to be able to take care of their kids, their family, a loved one. does having a standard baseline get it that problem and hopefully equalize the employer response to taking sick days? >> well, it helps women in several days. women are less likely to have it. more likely to need it since they do most of the care giving. but they also need men to share that care giving and more men will do so if they don't get punished for it at work. >> i wanted to pick up on something she was talking about, this might be good for the economy. some say they would rather make their own productivity decisions. i'm wondering what you think about the context of a decision and trying to build support for this kind of federa
on marital equality. why they refuse to change. >> will this hurt the economy? >> i don't know if it will hurt the economy or not. >> boehner plays dumb at the expense of the middle class. >> workers are losing 1/12th of their pay. >> that's 9,000 meals they won't have access to. >> they had to cut the toilet paper budget. >> there goes the neighborhood. the westboro baptist church gets friendly new neighbors. a live look at the equality house ahead. i was having trouble getting out of bed in the morning because my back hurt so bad. the sleep number bed conforms to you. i wake up in the morning with no back pain. i can adjust it if i need to...if my back's a little more sore. and by the time i get up in the morning, i feel great! if you have back pain, toss and turn at night or wake up tired with no energy, the sleep number bed could be your solution. the sleep number bed's secret is it's air chambers which provide ideal support and put you in control of the firmness. and the bed is perfect for couples because each side adjusts independently to their unique sleep number. here's
contributes to the local economy, $2.3 billion. so, the effect of the furloughs, as a result of sequestration, how do you expect that to play out? >> well, i can tell you that it's impacting my friends, my neighbors, it's impacting families throughout southern illinois. you're looking at people giving up 20% of their pay, and that's going to have a profound impact on the local economy. you know, those people who aren't getting a full week's pay for a full week's work won't be buying new cars. they certainly won't be buying new houses. and they won't be going down and getting that widescreen tv, or maybe going out to eat. >> right. >> and so, that's going to have a ripple effect throughout the economy. i'd like to point out, too, it's not just scott air force base. you know, we have federal prisons, and -- who are facing furloughs. that's a profound impact not only on the economy but also on the safety of those other prison employees. we have the shawnee national forest, the largest national forest in illinois, very significant impact. >> yeah. well -- >> we're losing three air control towers.
point, it can't be at the expense of the economy and jobs. >> here's where both sides may agree. >> is he right that we did not have an immediate crisis. >> we did not have an immediate crisis. >> to borrow from the phrase from the fiscal commission, we're the healthiest looking horse in the blue factory. we see it coming we know it's irrefutably happening. a lot of folks worrying about that blue factory, congressman. the president said that crisis was a concern when he spoke to joe and mika early on. you said had said that was a concern. the president has changed his tone on that. why has he done that? >> well, the debt remains a concern-we've made a significant down payment with the budget control act, with the fiscal cliff deal and now with the sequester which i hope will have a short life. so we've made a significant dent already. but i think the president is facing the priority of growing the economy and jobs, and that's where it should be. half of this year's deficit is attributable to people who are unemployed. if we can get people back to work, paying down the deficit. i
that has to do with the smart investments that we know we need to get the economy growing again, those are off the table. big tax cuts for the wealthiest americans that has to be made up by somebody and we know who that somebody is. >> thank you for coming in. there is no huge surprise that the ryan budget overwhelmingly passed in the house or that it failed in in the senate, but three senators voting against it, rand paul, ted cruz, mike lee. that's a new thing, tea partiers saying i'm even more conservative than paul ryan. is that the message? >> yeah. that is the message and also 2016 is the message. two of those three folks you mentioned have presidential ambitio ambitions. the rhine why we're in this situation in the first place is the inability to come together and pass a real budget. and really we see a new base rhine where these big tee bates are taking place, but the new sort of normal is the spending levels that were set by sequestration. and so yesterday we did see congress pass, pass a continuing resolution, pass a stopgap spending bill that went to the white house. and it
with the casino's owner since it opened two years ago. >>> so just where is the economy headed? according to ben bernanke, the economy is improving, however, interest rates will stay low for now and until unemployment falls below 6.5%. >>> more economic clues today from nike after the bell investors will be looking at the global retailer's future orders. china trends and gross margins for a read on consumer demand in china and here at home. >>> expectations are climbing for this morning's february existing home sales numbers which are seen coming in higher than january. >>> and cash strapped cyprus, banks are still closed and late night meetings broke up with no new plan b to fund the island's much needed bailout. >>> closer to home, cvs is weighing in on the policy requiring employees to record their weight and body fat or face a health insurance premium. all data collected during health screenings is private. >>> fans of starbucks will be happy to know that beginning in may they can also rack up rewards points with packaged coffee purchases at grocery and drug stores. >>> meanwhile, walmart is
the economy shows stronger signs of growth. for more on what this means for the u.s. economy, let's go to cnbc's karen cho. a rollerer coaster ride the las couple days. >> we're looking for a mixed start. we're expecting to see a bit of a dip out of the gates for the like of the s&p 500 and also the nasdaq. there were gains across the market yesterday. this is exactly what investors are looking to see. the same stimulus train thanks to ben bernanke. we heard that the qe program, $85 billion a month in mortgage and treasury purchase will remain for the foreseeable future. ben bernanke still keeping an eye out for potential negative effects from the policy. but so far he's promised the markets this will continue. in terms of the commentary around the dart, we did see adjustment lower on the growth forecasts. smament, ben bernanke is pointing to the fact that there has been some improvement in the likes of the housing market. the fiscal consolidation thanks to its playing out for the budget, this is going to have an impact in 2013 growth, 2.3% to 2.8% is the number we're looking at. this is down
is in this country? it's in the banking system. it's a huge banking system, eight times the size of their economy. consider this, brian, if the us banking system was as big relative to the u.s. economy as cyprus is, we would have 45 more banks the size of jpmorgan in the united states. that's how big it is. that's why there's a need to tax deposits. that's where the money is. that's the only way this country will be able to come up with it. that's the struggle. now they're off to russia. minister of finances hope they get money out of that country. it's not clear that's going to happen, at least not in time to save the banking system. >>> of course here as always we want to know why are you awake? shoot us an e-mail or tweet me @billschactman. >>> they have espn and air force one will show you which teams the basketball fan picked. that's next in sports >> leave it to reality tv. we have more great diving. highlights from the new celebrity diving show "splash" which i did watch a few minutes of. check it out when way too early comes back. >> someone released poison gas inside the tokyo subway sys
-through with the israelis and a lot of interesting developments on the growing economy here, the technology sector. we will have jeff goldberg and host of "meet the press" in the united states, david gregory and "meet the press" from here, dana weiss. we have a pretty jam-packed show. >> wonderful. andrea mitchell, thanks very much. >>> the white house is work, on shifting over side of its lethal drone program from the cia to the military. according to the "the wall street journal." the move would make the controversial program subject to international law. strikes would be undertaken with the consent of host governments, while many in washington believe the program will be more effective under the cia, the proposal reflects a growing consensus it needs to be on legal, sturdier footing. yesterday the senate kicked off hearings. senators on both sides expressed concerns over privacy. some members are mulling possible federal regulations. the faa estimates 30,000 drones could be flying in the u.s. skies in the next 20 years and richard haass is shaking his head. it's impossible to consider. >> i think t
or the economy. this is something that will come up again with the debt ceiling fight this summer. but if you look at what the senate just passed, this is as christina said, they want to raise taxes. >> guys, let's switch to gun control here. christina, there's mention of the push for the gun control measures. a new gun control law was signed into law described as tough but does not ban semiautomatic assault weapons. here's the governor today. >> i get the feeling right now around assault weapons is that it's hard to define what assault weapons is, whether the ten-year ban, the federal ban made a difference. >> so colorado can't pass a ban on semiautomatic assault weapons. do you take that as a sign it's not going to pass in any state? >> well, it's really hard to know. every state is different. but there is a huge question here. lawmakers feel a lot of pressure from gun lobbyists, gun rights groups and this is why the effort is so interesting. he says he's going to spend $12 million to really look at senators that might be persuadable, particularly those with strong gun rights cultures in th
to shoot straight and say, it's not as if our government's going to collapse tomorrow or the economy is going to collapse tomorrow if we do nothing. but it's time to quit kicking the can down the road. you know, the folks on the other side of the aisle have talked about a balanced approach. but there's nothing balanced about a budget that doesn't balance. frankly the republican proposal is a relatively modest one. we grow government by 3.5% a year over the next ten years and balance the budget to, you know, put our kids and grand kids in a better position. >> obviously a big issue is going to be medicare. congressman cartwright, i want to get you to respond to something that senator corker says he wants president obama to do. here's what he said over the weekend. >> when the president uses his bully pulpit to explain to the american people that families are only paying one-third of the cost of medicare, we will know that we've begun the process of trying to solve this problem. i hope that happens as soon as he gets back from israel. >> congressman cartwright, i know there's a lot of
, in science and research, in education. things that are important to power the economy. our focus has been on jobs first. let's get the economy in full gear. not put the brakes on it. which is what the republicans do. they've gotten austerity budget that according to the nonpartisan congressional budget office, will result in 750,000 fewer jobs bn i end of the year. so we say let's tackle the deficit in a smart way, get people back to work and reduce it over a steady period over a period of time and our comes to balance at the same time that the republicans' budget from last year comes into balance. >> on the issue of revenue, i believe your budget has about $200 billion more in revenue than senator murray's budget in the senate. why did you put that in there considering that republicans are so adverse to any new revenue? >> the budget we have in our democratic proposal. if you take it even together with the revenue from the fiscal cliff agreement, is still less total revenue, luke, than was embedded in the bipartisan simpson-bowles agreement. so we have less revenue proposed by that bipar
the sequester for the moment maybe don't do anything. the economy looks like it's picking up a little steam. and that might be just what we need. you know, in terms of the ryan budget, it took a public drubbing in the election. we, we already forgotten about november? when the republicans ran on the ryan budget. if they want to keep revisiting that, that's their choice. but why are we talking about this? we just find out that medicaid and medicare deliver health care cheaper than anything else? and they want to eviscerate that? it makes utterly no sense at all to me, anyway. >> howard, these seem to be sort of political manifestos, more than fiscal proposals. especially the ryan budget, over 40% of its savings are based on a repeal of obama care. which ain't going to happen any time soon. >> i agree, they are political. they aren't even opening negotiating positions, sometimes people set out markers that are designed to begin negotiations. these are political documents and they're speaking to their own parties. and the democrats have already said, look, you want to run on the ryan budget ag
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, interest rates are extremely low right now. there's a lot of unused productive capacity in the economy. there is disagreement over whether you could continue to run the deficits. so, you know -- i don't want to say there's no disagreement. people do disagree over this, and that's the problem that washington hat right now. everyone says we have to cut, we have to cut. that's the problem with the murray budget. it goes way too far toward the republicans. if unfortunate the sharp debate that schumer is talking about, debate the progressive budget, which actually adds spending and stimulus against the ryan plan. >> we haven't cut spending, have we? seriously. can we at least try that and see whether or not all of this -- but that's not cutting spending. you're still spending the money, judd forestalling where you will make the payment. >> it's still growing. >> spending in this country is still growing. it's a contingent and sane argument to make that we need to address it from that side first. we gave you the $600 billion in new taxes, you want more, you want more spending. >> paul ryan w
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the economy? >> i don't know if it will hurt the economy or not. >> boehner plays dumb at the expense of the middle class. >> workers are losing 1/12th of their pay. >> that's 9,000 meals they won't have access to. >> they had to cut the toilet paper budget. >> there goes the neighborhood. the westboro baptist church gets friendly new neighbors. a live look at the equality house ahead. ♪e power of a well booked vacation!♪ ♪booking.com ♪booking dot yeaaaahhhh! is gonna be an important day for us.be an you ready? we wanna be our brother's keeper. what's number two we wanna do? bring it up to 90 decatherms. how bout ya, joe? let's go ahead and bring it online. attention on site, attention on site. now starting unit nine. some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. ♪ [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ] ♪ it's so close to the options floor... [ indistinct shouting, bell dinging ] ...you'll bust your brain box. ♪ all on thinkorswim from td
and improve our economy. there is a direct link between investments and infrastructure and improvements in the economy. >> now, governor rendell, i want to -- you're a politician so you are able to deal with some of the rougher news. let's go where we got grades of c plus to c minus. rail, a big one. bridges really big. ports. public parks and rec. i know leslie noth will be sad about the c minus in parks and rec. big things. rail, bridges, and ports are three large scale, important things this country needs if we want to move, you know, and then look at d. dams d, energy d plus. aviation d. this worries me frankly. drinking water d. roads d. this is humbling. tell me what you make of it. i'm interested in your take as a former politician, a recovering politician maybe. every politician says they want to invest in infrastructure. i feel like it's in every state of the union address ever and yet look at the grades greg's organization is giving us for it. >> well, the truth is every politician says it but they don't act upon it. interestingly, stimulus because of the tiger grants gave a l
and financial costs due to the influx. and has further strained the economy that is already under considerable external pressures. with an unstable region, a sluggish global economy that is still recovering. but having said that as i already alluded to, we are so grateful to the u.s. assistance in shouldering this enormous responsibility and more help in fatesing this humanitarian calamity. we had the opportunity to talk about the peace process and we're very delighted by the vision and the depth of wisdom that the president showed over the past several days in his trip with the israelis and the palestinians. obviously i reiterate jordan's commitment to the peace process. and the crucial importance of u.s. leadership in resuming the palestinian/israeli negotiations based on the two-state solution. there is simply no other formula, no other alternative. the two-state solution is the only way to go. and if you compare that also with the radicalization of syria, together with the impasse in the peace process, this is going to be a serious threat to an already-volatile region. i believe there is a
to to see where is the economy going. what got me excited about mark zuckerberg coming out, not only is he interested in high tech visas, he believes we should create path to citizenship for the 11 million undocumented in this country. the reason that's important, he recognizes that short of pathway to citizenship, what happens is we have 11 million residents living in our borders creating two classes of citizens in this country and that's not good for anybody. the fact that they're flexing their muscle, recognize their customer base, recognize the majority of americans, regardless republican or democrat or independent -- >> the naturalization ceremony and debate as we think of new immigrants come to the country becoming citizens of the united states, you look at the path to citizenship, there are several speed bumps that have gotten in the way. what we thought after the election was going to be at least from the outside looking in an easy piece of legislation moving forward, what's really in the way or is this just window dressing and they're going to get it done right after the break? >>
back their money only to see the economy falling apart. you're not winning on those issues, oath either, john. >> joan, you're so right. you are better on this than i am normally. equal pay for equal women. your party has been slow on that. >> i agree. i'm following our party. those are the changes that we should be making. here's what the real difference between the two parties in my opinion are. >> okay. >> the republican party has always said we're going to make sure you have opportunity that leads to unlimited success but not guaranteed success. that was the american dream. we've given that up because people say it's not attainable anymore and the democrats are selling we will give you guaranteed success but it's going to be very limited. >> who says that? >> no one guarantees success. >> find -- >> it's the governmental -- >> john, i don't know any democrat who talks like that. >> there's no no one who wants to guarantee success. >> i've never heard that anywhere. >> no, it's all about equal opportunity. we are about guaranteeing equal opportunity. we are about leveling the playing
politics a long time and the kind of performance in the recent years with the economy. everybody is frustrated. that is the good news scenario. the bad news scenario we literally fix it and we relive 2008. >> can i ask a question as conservatives especially focus on the issue of deficit and what we are going to do about it and it becomes a rallying cry. where was that rhetoric when we were involved in two wars and paying for them on a credit card and having two major tax cuts put in place? iraq war is one of the first wars we haven't had a war tax. where was that fiscal responsibility a decade ago? >> missing. and i'm the wrong person to ask this. because i said famously in budget circles. it's a big crowd. in three the party is over, people get it and not spend any more money and ten years later, i was dead wrong. we lost our rudder somewhere. that's something that america actually stuck to and lived by and served america well 200 years. since then we have developed big problems. >> i also illusion the war would pay for itself and be resolved within six months and up and running
and the economy first and managing our debt wisely and responsibly. >>> what will you say in response to the rep criticism and clearly paul ryan's manifesto, when his budget shows the contrast, what do you say to their criticism that you don't resolve the spending cuts, that you don't deal with the debt adequately, just to play devil's advocate for a moment? >> sure. firstly, we do cut spending in our budget, but if you look at the ryan republican budget, it calls itself balanced, but it does it? just a horrendous ways to families across our country, who have been watching their kids go to school and struggle because of the cutbacks there, people who can't get a job today, people who want to have a strong country in the future, know that the investments we make in education and the infrastructure are devastated in the ryan budget, and he makes false promising that could be kept about reducing the tax rates. the only people that are protected in the ryan budget are the wealthiest and the largest corporations. they tell the rest of america, you are responsible for managing this debt that we have g
to see right now. we have a $14 trillion economy with $13 trillion of demand. the government is not making up the difference. if the government stops, will the economy collapse? maybe republicans will be happy because there will be a reserved army of 25 million unemployed people and as for the middle class, that's going to be over. >> we're not talking about jobs that are not necessary. i mean, when i come down your way, as i offered to come down to atlanta, we need insfra structure redevelopment. we're talking about bridges, tunnels, infrastructure that needs repair, needs to be dealt with, jobs that are needed. we're not just talking about charity here. >> indeed. >> look, i have five children -- >> this is not like the works public administration where some of the jobs that were created during the great depression weren't immediately necessary. i love some of those artworks but you can argue that those weren't necessary. but infrastructure spending is absolutely necessary. we are running so far behind. some of our biggest international competitors, like the chinese. >> rig
technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >>> let me finish tonight with this. there's a scene in "gone with the wind" when young southern boys are throwing their hats in the air and cheering. what's got them so thrilled is that war has broken out with the north. the book end of that scene comes at the end of the scene when the body is strewn as far as the eye can see it, those same young men after four years of bloody civil war. it would take the lives of 600,000 americans, soldiers who spoke the same language, shared the same religion faith and history. at the end of the war, what could we have done to stop it? one thing is a vital free press. men and women set on telling the truth. the faults in the intelligence, the alternative paths that the leaders have fail
is increasing. it is isolated, its economy is in dire straits, its economy is divided, and its position in the region and world has only grown weaker. i do believe that all of us have ab interest in resolving this issue peacefully. strong and principled diplomacy -- [ applause ] -- strong and
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in there. >> i think elected officials need to be honest about the real challenge our economy is facing. we have a debt challenge. we have a congress that is pretty disfupgsal and governing by crisis after crisis after crisis. no attempt to make solutions. no attempt to spur growth in the economy. and we're spending our time focusing on these issues which have very real impacts for many people around the country. but if we were to focus on job security, economic growth, many of the social issues would take care of themselves. >> it is an economic issue for women and families. >> i'm scared it's going to remain a dominant issue because of other issues that have fallen to the wayside. immigration in 2010 was the the celeb for the tea party, for the right wing. everybody is on board. we're battling out the details. we're looking at gay marriage. we're seeing a trend of acceptance for gay marriage. >> here's what i don't understand. the republican party is about individual responsibility, smaller government, letting the person figure out for their own idea what they should do. millions of peopl
is doing everything we need to do to make sure that we're growing our economy and that we're strengthening our middle class. and as i said in my state of the union address, last month. every day we should be asking ourselves three questions. one, how do we make sure america's a magnet for good jobs. number two, how do we equip people with the skills they need to get those jobs. and number three, how do we make sure that hard work actually pays off in a decent living. these are the challenges that i have instructed my team at the white house and my entire cabinet to focus on. and a position that's instrumental to tackling these challenges is having an outstanding secretary of labor. so, i want to begin by thanking hilda solis and her entire team. including acting secretary seth harris. for the outstanding work that they've been doing over the past four years. their efforts at the department of labor have given more young people a chance to earn new skills. more returning vets the chance to find a job, they've looked out for worker safety from construction sites to coal mines. they stood up
with best-in-class fuel economy. guts. glory. ram. motor trend's 2013 truck of the year. because all these whole grains aren't healthy unless you actually eat them ♪ multigrain cheerios. also available in delicious peanut butter. healthy never tasted so sweet. glass on floors. daily chores. for the little mishaps you feel use neosporin to help you heal. it kills germs so you heal four days faster. neosporin. use with band-aid brand bandages. >>> lbgt americans are our soldiers, our friends, our loved ones. they are full and equal citizens, deserve the rights of citizenship. that includes marriage. that's why i support marriage for lesbian and gay couples. i support it personally and as a matter of policy and law. >> what may be hillary clinton's first policy announcement of the next presidential campaign came 11 days after bill clinton who signed the defense of marriage act into law wrote an op-ed piece saying he believes that doma is, quote, incompatible with our constitution. the white house welcomed hillary clinton to the majority side of marriage equality today. >> i can tell y
to a healthy, productive economy that will also help grow our way out of the situation. >> congresswoman, one thing, we have house speaker john boehner and the republican senator rand paul. they have differing views on whether we're truly in a debt crisis at this moment or not. take a listen. >> we do not have an immediate debt crisis. but we all know that we have one looming. >> we do have an immediate problem. it's gathering storm. it's going to be enormous. >> all right. gathering storm. it's going to be enormous. how come there is such a disparity among republicans not being on the same page of whether we're in a debt crisis or not? >> well, i think you could look at $16 trillion worth of debt and while it may not be a crisis today, it is definitely a problem and rand paul is right. it is looming and it is going to be an enormous deal because if you stayed with the president's budget, the path that it puts you on is by 2022 you're going to have $25 trillion worth of debt. and what we are saying and what speaker boehner is saying is we still have time to manage through this so that it does
adviser at the time, made war with iraq make it sound like it wouldn't cause a dent in the economy. "the likely economic effects would be relatively small. if the united states goes to war in iraq to depose saddam hussein." "the key issue is oil and a regime change in iraq would facilitate an increase in world oil which would tend to lower oil prices here." there's more of this. >> oil prices went up. the number i always used to say when i talk about iraq often and paul and i would have these debates and when this was really in conscience, $20 billion on air-conditioning in iraq per year during the height of the year. $20 billion on air-conditioning in iraq and afghanistan. >> in 2002, richard pearl, chairman of the defense policy board said "we're not talking about a massive invasion along the lines of '91. we're talking about a much more modest effort in which the united states will assist iraqis in freeing their country." let me get over to paul about the manpower and loss of lives. and the world you live with. 31,000 wounded. about 600 amputees. give me a sense of your own personal e
in germany? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. full of beautiful highlights and lowlights. that's why nice'n easy builds dimension into every shade. so here's a challenge: love the gorgeous dimension of nice'n easy or we'll pay for a salon color. take the salon challenge, from nice'n easy. >>> lucky for me, my finances aren't so tight i have to do commercials like failed republican candidate fred thompson. but when my day comes as it surely will, and i'm desperate to do reverse mortgage commercials, i won't have a chance of getting one unless i first run for president as a republican and lose. that is actually the surest way to book a national ad campaign as an actor. it all started with bob dole. to get his career in commercials started, first he lost the 1996 presidential campa
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